America's New Tariff Bill
(Per Press Association.) Washington, November 28. The Tariff Bill has increased the majority of the Democratic party in the Committee of Ways and Means of the House. The measure is of a radical character, and repeals the reciprocal treaties with South America. Where possible it is proposed to adopt ad valorem duties and freedom of taxation on the raw material and provide for an extensive free list including coal, flax, and eggs. The duty will be removed from wool in March next, and a reduction will be made in the duty on woollen goods in July. The Bill implies that the loss to the revenue will amount to fifty million dollars annually.
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Bibliographic details
Feilding Star, Volume XV, Issue 128, 29 November 1893, Page 2
Word Count
116America's New Tariff Bill Feilding Star, Volume XV, Issue 128, 29 November 1893, Page 2
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